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The Syria Report Newsletter - 07 February 2011

Released on 2012-09-23 13:00 GMT

Email-ID

637719

Date

2011-02-07 15:22:01

From

syriareport@cyberguide.fr

To

gmanager@lattakiaport.gov.sy

[ ]
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Lead Story Directory
Auction for Third Mobile Phone License Starting at EUR 90 Million New entry
The auction for a third mobile phone license in Syria will begin with a starting bid of EUR 90 million, according to Mohammad Near_East_Olive_Products
Al-Jallali, Deputy Minister of Telecommunications. Read ===============================================================================================================================
=============================================================================================================================== Tenders
News Construction_of_LPG_cylinder_filling_unit_and_LPG_tanks
Agriculture: Syria, Turkey Lay Foundation Stone of "Friendship Dam" Bid bond: EUR 900,000
The Syrian and Turkish Prime Ministers laid on February 6 the foundation stone of a "Friendship Dam" built on the Orontes Design,_Supply_and_execute_66/20_K.V_substations
River. Read Bid bond: EUR 750,000
Economy: Social Aid Fund to Begin Disbursements on February 13 Supply_one_pneumatic_aspirator_with_a_capacity_of_400_tons/hr
The National Social Aid Fund, Syria's first cash transfer programme, will be launched on February 13 with the first Bid bond: EUR 100,000
disbursement of cash to some 450,000 poor households. Read Supply_flow_improver_for_gas_oil
Economy: SIA Licensed USD 1.9 billion worth of Projects in 2010 Bid bond: EUR 80,000
The Syrian Investment Agency awarded 400 investment licenses to projects across Syria in 2010, including more than half in the Seeking_consultancy_to_supervise_execution_of_wind_park_project
manufacturing sector, a figure well above the previous year's number. Read Bid bond: EUR 10,000
Finance: NBK Receives License to Open Syrian Affiliate
The National Bank of Kuwait has received a license to open a USD 200 million subsidiary in Syria, becoming the seventh bank
from the Gulf to operate in the country. Read
Oil and Gas: Egyptian Gas Supplies to Syria Halted
Egyptian supplies of natural gas to Syria stopped on February 5 following the explosion that targeted the pipeline carrying it,
Sufian Al-Allao, the Minister of Petroleum, said. Read
Oil and Gas: Oil Products Subsidies at Above USD 2.25 Billion in 2010
Syria's oil subsidies bill amounted to more than SYP 106 billion, or USD 2.25 billion, last year, according to Mahrukat, the
state entity in charge of the retail sale of oil products. Read
Oil and Gas: Syria Invites Bids for LPG Filling Unit
The Syrian Government is inviting contractors to bid for an LPG Gas Filling Unit with storage capacities of 6,000 tons. Read
Power: Syria Seeks Consultancy to Oversee Works on Wind Farm
Syria is inviting consultancies to bid for the supervision of works on the 50MW wind farm to be built by Gamesa near Homs. Read
Power: PEDEEE Tenders Eight New Substations
PEDEEE, the state-owned electricity utility, has issued a tender for the EPC of eight 66/20 K.V substations to be financed by
the European Investment Bank. Read
===============================================================================================================================
Markets
DSE Now Open Every Week Day
Starting February 1, the Damascus Securities Exchange has been opened to traders every week day as the volume of shares traded
in the week ending February 6 increased to an average of SYP 59 million, or USD 1.25 million, per session. Read
Arope, UIC and UG Post 2010 Preliminary Statements
United Insurance Company, Arope Insurance and United Group all posted an increase in their net profits last year according to
their preliminary financial statements. Read